1Sept.2016Page: 1

Manoj Phatak, C.Eng, CITPFounder & CEO, ArtRatio

Art Condition and Market Value

1Sept.2016Page: 2

Ardabil CarpetV&A Museum,16th c. woolpile Persian rug (highly light sensitive)

Light-Sensitive Artworks

Lights activated for 10 mins every half hour

(C) Victoria & Albert Museum, licensed with kind permission

1Sept.2016Page: 3

Recent Light-Sensitive Items at Auction

Rembrandt van Rijn“The Woman With The Arrow”!1661, etching and drypoint on laid paper, touches of grey wash!Auctioned on 5 July 2016: USD 279,863

(C) Public Domain, www.wikiart.org

Johann Sebastian Bach (1685-1750)!Autograph music manuscript; Prelude, Fugue and Allegro for lute or keyboard in E flat major, BWV 998, n.d. [c.1735-1745]!Auctioned on 13 July 2016: USD 3,344,568

© CHRISTIE'S IMAGES LTD. 2016, with kind permission

1Sept.2016Page: 4

“…the condition [and provenance] of a piece can be crucial in determining its value.” !!!!!!!

Orlando Rock, Chairman, Christie’s!!

source: The Telegraph, 24 Oct 2012

1Sept.2016Page: 5

source: CIE Technical Report 157:2004 | "Control of Damage to Museum Objects By Optical Radiation”

CIE Technical Report 157

* Indigo, lake, gamboge, yellow lake, brown pink are all highly fugitive when exposed to light.

*

1Sept.2016Page: 5

source: CIE Technical Report 157:2004 | "Control of Damage to Museum Objects By Optical Radiation”

CIE Technical Report 157

* Indigo, lake, gamboge, yellow lake, brown pink are all highly fugitive when exposed to light.

*

1Sept.2016Page: 5

source: CIE Technical Report 157:2004 | "Control of Damage to Museum Objects By Optical Radiation”

CIE Technical Report 157

* Indigo, lake, gamboge, yellow lake, brown pink are all highly fugitive when exposed to light.

*

1Sept.2016Page: 5

source: CIE Technical Report 157:2004 | "Control of Damage to Museum Objects By Optical Radiation”

CIE Technical Report 157

* Indigo, lake, gamboge, yellow lake, brown pink are all highly fugitive when exposed to light.

*

1Sept.2016Page: 6

Here’s one Solution

1Sept.2016Page: 7

“Art accrues value through exposure.”!

“Thisisparticularlyimportantwithcontemporaryart,wherethereputationsoflivingartistsarestillbeingconsolidated.”

!Dr. Sarah Thornton

Author of ‘Seven Days in the Art World’

But it’s not that simple

1Sept.2016Page: 8

Exhibition of art collections (e.g.

through museums and galleries) increases their

value…

…but also increases light exposure and light damage

…which ultimately reduces

the value of the investment

Value

Exhibition

Our Hypothesis

1Sept.2016Page: 9

ArtRatio aims to balance conservation and exhibition of art

to maximise the value of the investment

Value

Our Aim

Exhibition

1Sept.2016Page: 10

Electro-Optic Display VitrinesTo reduce light damage on sensitive artworks

1Sept.2016Page: 11

Electro-Optic Display VitrinesCollection & Analysis of Conservation Data

Real Time Historical

1Sept.2016Page: 12

100lux 100lux

95%Transmission 0-50%Transmission

LightExposure=285,000lux.hrs/yr LightExposure=15,000lux.hrs/yr

NormalGlass Electro-OpticGlass

95lux 0-50lux

x3000hoursperyr x300hoursperyr

Max.Exposure=15,000lux.hrs/yr

Max.Exposure=15,000lux.hrs/yr

Existing Vitrine ArtRatio Vitrine

1Sept.2016Page: 12

100lux 100lux

95%Transmission 0-50%Transmission

LightExposure=285,000lux.hrs/yr LightExposure=15,000lux.hrs/yr

NormalGlass Electro-OpticGlass

95lux 0-50lux

x3000hoursperyr x300hoursperyr

Max.Exposure=15,000lux.hrs/yr

Max.Exposure=15,000lux.hrs/yr

Existing Vitrine ArtRatio Vitrine

1Sept.2016Page: 13

Original Torres Guitar from 1888!(Spanish Guitar Museum, Almeria)

Our Installations To Date

1Sept.2016Page: 14

Original map of the 1815 Battle of Waterloo!(Royal Engineers Museum, Kent)

Our Installations To Date

1Sept.2016Page: 15

Meet us at the:!

Art Tech Pavilion (downstairs)

E: info@artratio.co.uk